IdeaScale

JANUARY 31, 2017

The product innovations that generate the most excitement and public interest are the disruptive innovations. However, these innovations aren’t that common. The most successful, innovative companies strike a balance between core, adjacent, and transformational initiatives.

Product Innovation 100

Product Innovation Innovation Technical Review Disruption 100

Exago

MAY 15, 2019

The post The 7 stages of NPD and how to effectively manage product innovation appeared first on Exago. NPD typically comprises 7 stages, from the initial idea through to its introduction on the market, and can be aligned with good idea management practices.

Product Innovation 127

Product Innovation Management How To Idea Management 127

Sopheon

APRIL 8, 2022

Product innovation is a difficult process, and it’s even more challenging when your path forward is based on inaccurate conceptions about the process. The post Five Product Innovation Misconceptions You Should Ignore appeared first on Sopheon.

Product Innovation 98

Product Innovation Innovation 98

Jeffrey Phillips

OCTOBER 7, 2015

Product innovation is interesting, and every company should have active, on-going innovation to spawn new products and services. However, product innovation is easy to do, easy to copy and will require constant updating. What should we take away from this diatribe?

Product Innovation 100

Product Innovation Innovation Disruption Industry 100

IdeaScale

JANUARY 23, 2019

But no product is built for just one person in mind, and the creativity and thoughtfulness of the crowd can be harnessed for effective innovation. To learn more about crowdsourcing and open innovation, request a demo ! The post Product Innovation the Easy Way: 3 Real World Examples appeared first on IdeaScale.

Product Innovation 113

Product Innovation Examples Crowdsourcing Innovation 113

Sopheon

JULY 13, 2022

Six questions every company should ask to innovate well and ensure a successful product launch. The post Six critical questions for successful product innovation appeared first on Sopheon.

Product Innovation 98

Product Innovation Innovation Company 98

IdeaScale

OCTOBER 30, 2019

Want to learn more about social media and innovation strategy? The post Is Social Media Part of Your Product Innovation Strategy? If it fits your company’s image or you’ve got the bandwidth to handle the next #ExilePitbull, then, by all means, let social media run loose. Join our newsletter !

Product Innovation 100

Product Innovation Strategy Strategy Innovation 100

Sopheon

NOVEMBER 21, 2023

While generative AI is taking the business world by storm, it’s important to note that it’s not necessarily new. Many of today's promises for AI were also made in the past. It was less than 40 years ago that LISP machines , packed with expert knowledge, were supposed to unlock the promises of AI. What went wrong?

Product Innovation 105

Product Innovation Artificial Inteligence Generative AI Innovation 105

Sopheon

MARCH 29, 2023

Here’s why: A product without a problem isn’t product innovation. A cool idea, perhaps, but not a product. Before the conversation goes a sentence further, I’ll ask, “What problem are you trying to solve?” If their response is silence or a puzzled look, the discussion’s over.

Product Innovation 89

Product Innovation How To Innovation Meeting 89

Innovation Excellence

FEBRUARY 5, 2019

The effectiveness of social media for outbound marketing activities, i.e. getting the news out about new products offerings, and interacting with customers, is well known. Social media is incredibly effective for conveying marketing messages and for receiving rapid customer feedback.

Tools 101

Tools Product Innovation Marketing Innovation 101

Viima

JUNE 16, 2021

People talk about product innovation every day without even realizing it. Whether they refer to their smartwatch and its latest features, the top performing cars or the latest app that helps them unwind, they bring up product innovation. But what makes these products innovative – and why are 95 of new products failing ?

Product Innovation 65

Product Innovation How To Innovation Marketing 65

InnovationManagement

MAY 18, 2021

IdeaScale Crowd is hosting a webinar for first-time crowdsourcing innovators who want to engage a large group of collaborators in solving their problems. The post How to Ensure Crowdsourcing Works for Product Innovation appeared first on InnovationManagement.

Crowdsourcing 62

Crowdsourcing Product Innovation How To Innovation 62

Leapfrogging

FEBRUARY 20, 2025

Identifying Growth Opportunities Helps organizations explore new markets, customer segments, or product innovations. Enhancing Market Positioning Provides insights into how companies should differentiate their products or services. Lead Successful Strategy Projects!

Analysis 130

Analysis Competition Strategy Strategy 130

IdeaScale

APRIL 14, 2021

Process innovation is the development and application of technology, production method, or method of delivery that’s newly introduced or improved to a notable degree. Product Innovation. Product innovation refers to the creation of a new or significantly improved good or service.

Radical Innovation 264

Radical Innovation Innovation Open Innovation Social Innovation 264

helloFUTURE

APRIL 17, 2022

In short, the theory suggests that all conflict is based on envy – you can think about it as an expanded “keeping up with the Jones” – all of our drives and… The post How To Leverage Mimetic Theory For Product Innovation appeared first on IDEATE + EXECUTE.

Product Innovation 52

Product Innovation How To Ideation Innovation 52

helloFUTURE

OCTOBER 1, 2023

In the rapidly evolving landscape of product innovation, two guiding forces emerge: intuition and data. Yet, the most successful innovators understand that it’s not a matter of… At first glance, these might appear contradictory.

Product Innovation 52

Product Innovation Data Innovation Disruption 52

Destination Innovation

MARCH 2, 2018

They found that focusing on process or product innovation or between sustaining and disruptive innovation made little difference. Another finding was that higher concentration of ideas – from a small active group – was much less effective than broad participation from diverse fields.

Ideation 241

Ideation Innovation Culture of Innovation Case Study 241

Entrepreneur - Innovation

MAY 11, 2021

Discover why it's especially important to change your business strategies when crisis strikes during this on-demand webinar with Burton Goldfield, President and CEO of TriNet.

Product Innovation 83

Product Innovation Strategy Strategy Innovation 83

Jeffrey Phillips

SEPTEMBER 27, 2021

Over time, as innovation has matured somewhat, many innovation consultants began to reference Doblin's Ten Types model. This is a great mode that I constantly refer back to with my clients, to convince them to think about innovation beyond product innovation. Product innovation is of course necessary for survival.

Innovation 201

Innovation Agile Product Innovation Software 201

Idea to Value

FEBRUARY 10, 2021

These are all natural, positive human emotions which everyone wants to feel, yet there is a distinct danger that they will interfere with your ability to get practically useful feedback you can use to validate the idea / product / innovation itself.

Innovation 258

Innovation Innovation Processes Product Innovation Creativity 258

IdeaScale

NOVEMBER 5, 2019

Crowdsourcing is a favored method of gathering data for product innovation. Companies use crowdsourcing for product innovation and focus groups for market research to gather the most relevant and useful data. It gathers informed opinions that help direct the future of the product. We live in the information age.

Crowdsourcing 164

Crowdsourcing Groups Product Innovation Product Development 164

Leapfrogging

MARCH 11, 2025

For example, Apples OKRs for product innovation are reinforced through cross-functional collaboration, leadership involvement, and rapid iteration cycles. Ways to reinforce accountability: Assign clear ownership for each key result. Encourage team discussions on OKR progress. Celebrate wins and learn from setbacks.

Strategy 130

Strategy Strategy Software Review Technical Review 130

Leapfrogging

MARCH 4, 2025

For example, Microsoft integrates its purpose into leadership speeches, CSR initiatives, and product innovation. Incorporating it into employee training and onboarding. Ensuring leadership reinforces it through business decisions. Making It Too Generic – A purpose statement should be specific and unique.

Strategy 130

Strategy Strategy Culture Project 130

Destination Innovation

OCTOBER 22, 2017

Where do we need innovation – products, services, processes, marketing, sectors etc? How good are we at innovation today? What is impeding innovation in the business? What type of product innovation do we need? What resources are we going to allocate for innovation – budget and people?

Innovation 248

Innovation Meeting Conference Tips 248

Leapfrogging

MARCH 18, 2025

Key differentiators include: Product innovation and superior technology. Establish Differentiators: How Will We Win? Differentiators define the unique value proposition that sets a company apart from competitors. Brand reputation and customer loyalty. Exceptional service and user experience. Cost advantages and operational efficiency.

Strategy 130

Strategy Strategy Software Review Roadmap 130

Destination Innovation

JANUARY 14, 2020

R&D should do the product innovation. Show the desired outcome and ask for input on how best to get there. Whose job is it? It is easy to assume that it is other people’s responsibility. HR should do the retraining. We will just wait for the change to happen. The leader must show clearly that everybody has a part to play.

Change 262

Change Product Innovation Innovation Learning 262

Leapfrogging

MARCH 18, 2025

For example, the fast-food industry experiences intense rivalry between brands like McDonalds, Burger King, and Wendys, leading to continuous price promotions and product innovation. Fixed costs and exit barriers that affect competition.

Strategy 130

Strategy Strategy Technical Review Competition 130

Idea to Value

JUNE 11, 2020

00:12:00 – How digital product innovation has changed over the past 10 years. 00:16:30 – Innovation labs were a place where nothing got done. 00:20:45 – What it takes for a digital product to succeed. Design sprints are a step by step system for bringing a group of people together to solve big problems.

Design 196

Design Product Innovation Groups Project 196

Jeffrey Phillips

JANUARY 14, 2021

That action may be creating a new product, or developing a new channel or business model. Of course, innovation can span a range of impacts and outcomes, from very incremental product innovation to industry changing business model innovation. Innovation is an action, but it is not often a plan or policy.

Strategy 219

Strategy Strategy Innovation Policies 219

Jeffrey Phillips

JANUARY 7, 2019

An entire market opportunity will arise to conduct interesting horizon 2 and 3 innovation for or as a proxy to large corporations, which can then be acquired by the large corporations once proven in the marketplace. Product is Passe Product innovation is so yesterday.

Innovation 203

Innovation Product Innovation Data Tools 203

Leapfrogging

MARCH 14, 2025

Enhance employee productivity by 12% through workflow optimization initiatives. Innovation and Growth SMART Metrics Launch three new AI-driven product features within the next 12 months. Increase R&D investment by 20% to accelerate product innovation within two years.

Strategy 130

Strategy Strategy Technical Review Agile 130

Leapfrogging

MARCH 7, 2025

Product Innovation Enhancing or launching new products. Identify Key Business Priorities Define core areas of focus based on industry dynamics, competitive positioning, and customer expectations. Consider: Market Growth Expanding market share and entering new regions.

Strategy 130

Strategy Strategy Underperforming Technical Team Roadmap 130

IdeaScale

SEPTEMBER 12, 2018

And those innovations can be either small, incremental changes that improve an existing concept to huge, transformational that shift the foundation of an organization. An example of a workplace production innovation was a new sick PTO policy co-created by NYU employees.

Policies 206

Policies Innovation Disruption Strategy 206

Destination Innovation

NOVEMBER 7, 2018

In 1979 he created the Sony Walkman which went on to be the most successful personal electronics product ever with sales of over 250 million units. Under Morita Sony set new standards in product innovation.

Innovation 205

Innovation Video Marketing Product Innovation 205

Destination Innovation

JUNE 15, 2018

Things are really happening with innovation and you are starting to see real results and improvements in performance. You are implementing modern concepts of Open Innovation and the Minimum Viable Product. Innovation can now become a serious competitive advantage for you. If you score over 18 then congratulations.

Innovation 253

Innovation Open Innovation Brainstorming Entrepreneurship 253